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Rio Silver Inc.

TSXV:RYOLive AI agent

Rio Silver Inc.

Investor website: https://riosilverinc.com/

About

Rio Silver Inc. (TSX-V: RYO | OTC: RYOOF) is a Canadian resource company advancing high-grade, silver-dominant assets in Peru, the world’s second-largest silver producer. The Company is focused on near-term development opportunities within proven mineral belts and is supported by a seasoned technical and operational team with deep experience in Peruvian geology, underground mining, and district-scale exploration. With a clear development strategy and a growing portfolio of highly prospective silver assets, Rio Silver is establishing the foundation to become one of Peru’s next emerging silver producers.

Verified company data

Shares outstanding
12,223,569
Fully diluted shares
88299213
Mineral resource
The Company’s flagship, 100% owned Niñobamba Project, hosts 2 discreet precious metal targets at opposite ends of a 6.5 km prospective corridor in a prolific, precious metals hosting geological belt in central Peru. The Company has modelled 2 world class resource targets where previously the Company, Newmont Mining and others have spent upwards of US$10 million evaluating this mineralized trend. The silver-rich Niñobamba “Main Zone and South Zones” are drill ready and the Company’s geologists have targeted the near surface, silver and gold mineralization as a potential open pit. At the other end of this trend is the Jorimina Gold Zone that was the primary focus of the Newmont exploration programs.
Projects
["Niñobamba Silver Project: Originally explored by AngloGold Exploracion Peru S.A.C. (“Anglo”) in 2001, Anglo focused on an area of intense hydrothermal surface alteration and drilled five widely spaced core holes totalling 861metres. Anglo’s drilling highlights included DDH-2 which reported assay results of 87 gpt silver over a drilled interval of 130 metres starting from a depth of 9 metres and DDH-4 reporting 54 gpt silver over a drilled interval of 96 metres starting from 23 metres. Results of this limited exploration program outlined two distinct zones of silver mineralization reported to be open along strike and at depth. The initial work program will consist of road building, trenching and prospecting in advance of the proposed 2012 drill program."]
Leadership
Chris Verrico (Director, Christopher R. Verrico has been a Director of over a dozen resource start-ups with most graduating to become listed public companies. He served as CEO of Aguila American Gold Ltd until Nov. 2012 and has extensive experience in industrial construction and contract mining.), Steve Brunelle (Director, Mr. Brunelle is a graduate of Queen’s University with over 30 years of exploration and management experience of Canadian and international exploration projects.), Richard Mazur (Chairman, Mr. Mazur is the cofounder and past Managing Director of RLG International Inc., a Performance Improvement consulting firm, and has held past Board positions in the Oil & Gas and non-profit sectors.), Jim McCrea (Director, Mr. McCrea has more than 25 years of experience in exploration and mining geology, with expertise in resource estimation and feasibility studies across various commodities throughout the Americas.)

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